Amazon Web Services (AWS) has unveiled a landmark $8.3 billion investment in Cloud infrastructure for Maharashtra, signaling a major technological and economic milestone for India. The investment, formalized through a memorandum of understanding (MoU) signed at the World Economic Forum summit in Davos, Switzerland, is set to create over 81,300 full-time jobs annually and contribute $15.3 billion to the country’s gross domestic product (GDP) by 2030.
This strategic investment represents a continuation of AWS’s commitment to India’s digital transformation, building upon its previous $3.7 billion infrastructure investment in Maharashtra between 2016 and 2022. The plan is part of AWS’s broader $12.7 billion infrastructure commitment in India by 2030.
“We are pleased to continue collaborating with the Maharashtra government to advance the state’s digital ambitions,” said David Zapolsky, senior vice-president of Global Public Policy and general counsel at Amazon. “Our goal is to democratize access to emerging technology for enterprises, public sector organizations, startups, and small and medium-sized businesses in India.”
Maharashtra Chief Minister Devendra Fadnavis highlighted the significance of the partnership, calling it a “landmark MoU” that positions the Mumbai Metropolitan Region as a critical technology hub. The investment will substantially enhance Cloud infrastructure capabilities, supporting a wide range of sectors and organizations.
Key stakeholders across various industries are already leveraging AWS services, including:
- Large Enterprises: Axis Bank, HDFC Bank, Bajaj Allianz General Insurance
- Startups: Fibe, Healthify
- Public Sector: Coal India, Government e-Marketplace, Maharashtra State Electricity Distribution Co. Ltd.
The investment is expected to have profound implications for India’s technological ecosystem, providing robust Cloud infrastructure that can support digital transformation across multiple sectors. By creating a substantial number of jobs and contributing significantly to the GDP, AWS is positioning Maharashtra as a critical technology and innovation center.
This strategic move comes at a time of rapid digital acceleration in India, with Cloud technologies playing an increasingly crucial role in business operations, digital services, and economic growth. The AWS investment represents a significant vote of confidence in Maharashtra’s potential as a global technology destination.
